RDS-A
RDS-A Articles
One fairly short press release from Occidental Petroleum Corp. (NYSE: OXY) announces some big changes to the company’s asset base. Oxy has agreed to sell its oil and gas operations in Argentina to...
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The deal struck by Petroleo Brasileiro SA (NYSE:PBR), or Petrobras, and the government of Argentina has set the stage for the world’s largest ever share offering. The oil-for-stock swap gives...
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Brazil’s Petroleo Brasileiro (NYSE: PBR), better known as Petrobras, has agreed to pay the Brazilian government $42.5 billion for the rights to produce 5 billion barrels of oil from...
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Last February, Royal Dutch Shell plc (NYSE:RDS-A) and Brazil’s Cosan Ltd. (NYSE:CZZ) signed an agreement to create a joint venture to distribute and sell cane ethanol in Brazil. The two companies...
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The governor of Texas and the state’s Land Commissioner have filed suit in federal court in Houston that would block the second attempt by the federal government to impose a six-month ban on...
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The continuing disaster in the Gulf of Mexico is partly due to the lack of a coordinated response plan in the event of a well blow-out deep below the surface. The oil companies, and the federal...
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At President Obama’s news conference yesterday, he admitted that he and his administration’s response to the blow-out of the BP plc (NYSE:BP) Macondo well in the Gulf was wrong. At the same time,...
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The rig count from Baker Huges Inc. (NYSE:BHI) is out for April and the recent trends continue. The US count is up, the Canadian count is down, and the international rig count is flat. So far today,...
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The crude oil leak caused by the explosion and sinking of BP plc’s (NYSE:BP) Deepwater Horizon semi-submersible rig continues to pump about 5,000 b/d into the waters of the Gulf of Mexico. BP is...
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Acquisitions, joint ventures, and ratings news in the oil patch have made for a busy day or two, and have also pointed out a handful of reasons pointing to a reasonable reason to search for...
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In 2009, there were just three Atlantic storms that earned the hurricane monikers — Bill, Fred, and Ida. None of these storms made landfall in the US as hurricanes. The predictions from Colorado...
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Reuters: Toyota (NYSE:TM) said it would have charges of $2 billion for recalls, but posted a profit last quarter and improved its forecasts. Reuters: Shell’s (RDS.A) profits fell sharply....
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Markets in Asia fell. The Nikkei was off .5% to 10,356. Toyota (NYSE:TM) fell and Honda (NYSE:SNE) gained. Sony (NYSE:SNE) announced a profit. The Hang Seng was off 1.8% to 20,342. The Shanghai...
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Markets in Asia were mixed. The Nikkei rose 1.6% to 10,371. Toyota (NYSE:TM) rose as it shipped parts to complete its recalls. The Hang Seng rose a fraction to 20,251. The Shanghai Composite was down...
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Since the beginning of the year, Brazil’s ethanol industry has generated more than its share of news. Today brings the announcement of a joint venture between Royal Dutch Shell (RDS-A) and Cosan...
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